
Cheap Homes for Rent in the Park Place Neighborhood of Mobile, AL from $925 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Mobile.


2451 Richard Ave

1848 Canal St

250 Tuttle Ave

7 S Monterey St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

704 Louise Dr W

1107 Rotterdam St

214 Upham St, Unit 11A

504 Farnell Ln

415 Flint St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

214 Upham St, Unit 13C

166 Kenan St

112 Tally Ct W

506 May St

2 N Carlen St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1615 Government St

554 Mohawk St
Park Place, Mobile, AL Local Guide

How much does it cost to rent a home in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place 2 Bedroom Homes for Rent | $1,270 | $995 | $1,750 |
| Park Place 3 Bedroom Homes for Rent | $1,501 | $950 | $2,800 |
| Park Place 4 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
| Park Place 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Mobile, AL.
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Park Place, Mobile, AL Local Guide
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Cheapest Available Park Place Apartments for Rent
 The cheapest available apartment rental in the Park Place area of Mobile, AL is a 2 Beds unit found at Bay Pointe Apartments priced from $725. Old Shell Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable Park Place apartments for rent in Mobile, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bay Pointe Apartments | 2 Bed, 1 Bath | 2BR,1BA | $725 |
| Old Shell Commons | Midtown | 1BR,1BA | $810 |
| Brookhaven Apartments | 1 BR 1 Bath | 1BR,1BA | $879 |
| Midtown Oaks Townhomes | 2 BEDROOMS 1 BATHROOM | 2BR,1BA | $985 |
| Heritage Oaks @ Virginia (Section 8) | Enhanced Upgrade | 2BR,1BA | $999 |
Best Value Apartments for Rent in Park Place, AL
As of September 10, 2026 the best value apartment in the Park Place area is the $1.07 price per square foot 1303sf Model at Bel Air in the in the Downtown Mobile neighborhood starting from $1,398. The second greatest value Park Place apartment is the 3 BEDROOMS 1 BATHROOM Model at Midtown Oaks Townhomes starting at $1,395 with a $1.07 price per square foot in the Downtown Mobile neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bel Air | 1303sf | 2BR,2BA | $1.07 |
| Midtown Oaks Townhomes | 3 BEDROOMS 1 BATHROOM | 3BR,1BA | $1.07 |
| Old Shell Lofts | The Hibiscus | 2BR,1BA | $1.64 |
| Village at Midtown | The Jackson | 1BR,1BA | $1.18 |
| Springhill Oaks | Small Flat | 2BR,1.5BA | $1.68 |
| The Flats at Midtown | 3 Bedroom | 3BR,1BA | $1.45 |
| 202 Michigan Ave, Unit D | 202 Michigan Ave | 1BR,1BA | $0.94 |
| Bay Pointe Apartments | 2 Bed, 1 Bath | 2BR,1BA | $0.94 |
| Brookhaven Apartments | 1 BR 1 Bath | 1BR,1BA | $1.38 |
| Old Shell Commons | Midtown | 1BR,1BA | $1.42 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Park Place, Mobile, AL
Booker T Washington Middle School
School data provided by Great Schools
Frequently Asked Questions about Park Place
What type of rentals are currently available in Park Place?
There are currently 82 Apartments for Rent in Park Place, AL with pricing that ranges from $698 to $13,906. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $925 to $2,800.
What is the current price range for Rental Homes in Park Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Place ranges from $925 to $2,800 with an average monthly rent of $1,319.
How much are larger Three and Four Bedroom Rentals in Park Place?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Place range from $1,327 to $4,526, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $3,574.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.